The question is: Are we hoping for a double or triple from current $0.02, or a double or triple from where many longs are starting, maybe around $0.15 - $0.25, to a double or triple of $0.50 or $0.75? I sincerely doubt that $2 - $3 will materialize. Time will tell (although so far what I have learned from time is: "patience, son").
If positive cash flow is ever achieved, a few shares retired via repurchase will surely help, but not before positive cash flow.